Aim Taxexempt Funds Fund Fundamentals
| IORPX Fund | USD 10.40 0.05 0.48% |
Aim Taxexempt Funds fundamentals help investors to digest information that contributes to Aim Taxexempt's financial success or failures. It also enables traders to predict the movement of Aim Mutual Fund. The fundamental analysis module provides a way to measure Aim Taxexempt's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aim Taxexempt mutual fund.
Aim |
Aim Taxexempt Funds Mutual Fund One Year Return Analysis
Aim Taxexempt's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Aim Taxexempt One Year Return | 6.96 % |
Most of Aim Taxexempt's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aim Taxexempt Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Aim Taxexempt Funds has an One Year Return of 6.9608%. This is much higher than that of the Invesco family and significantly higher than that of the Muni Pennsylvania category. The one year return for all United States funds is notably lower than that of the firm.
Aim Taxexempt Funds Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aim Taxexempt's current stock value. Our valuation model uses many indicators to compare Aim Taxexempt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aim Taxexempt competition to find correlations between indicators driving Aim Taxexempt's intrinsic value. More Info.Aim Taxexempt Funds is currently considered the top fund in annual yield among similar funds. It also is currently considered the top fund in year to date return among similar funds creating about 48,228 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aim Taxexempt's earnings, one of the primary drivers of an investment's value.Aim One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aim Taxexempt's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Aim Taxexempt could also be used in its relative valuation, which is a method of valuing Aim Taxexempt by comparing valuation metrics of similar companies.Aim Taxexempt is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Aim Taxexempt
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Aim Taxexempt's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Aim Fundamentals
| Total Asset | 826.65 M | ||||
| Annual Yield | 0.0001 % | ||||
| Year To Date Return | 4.82 % | ||||
| One Year Return | 6.96 % | ||||
| Three Year Return | 0.43 % | ||||
| Five Year Return | 2.35 % | ||||
| Ten Year Return | 5.28 % | ||||
| Net Asset | 673.94 M | ||||
| Last Dividend Paid | 0.03 | ||||
| Cash Position Weight | 2.41 % | ||||
| Bond Positions Weight | 12.92 % |
About Aim Taxexempt Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aim Taxexempt Funds's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aim Taxexempt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aim Taxexempt Funds based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal market conditions, and as a fundamental policy, the fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the funds state income tax. Additionally, under normal market conditions, it invests at least 80 percent of its net assets in Pennsylvania municipal securities, and in derivatives and other instruments that have economic characteristics similar to such securities.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Aim Mutual Fund
Aim Taxexempt financial ratios help investors to determine whether Aim Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aim with respect to the benefits of owning Aim Taxexempt security.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |